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Monero warns: Chrome extension is stealing user’s XMR

Monero reports yet another warning of XRM funds being lost owing to a compromised system of security. This time the blame has been placed on a new Chrome extension.

Written by Rebecca Leighton Published on

Monero has warned users that a new MEGA Chrome extension has been undermined and is leaving Monero tokens and other private information vulnerable to theft.

The updated MEGA Chrome – version 3.39.4 – offers features to improve browsings, such as cutting down the time in which pages load and a cloud storage system but is leaving the cryptocurrency susceptible to hackers.

The company’s official Twitter account posted the caution:

The MEGA Chrome version 3.39.4 offers features to improve browsings, such as cutting down the time in which pages load and a cloud storage system. The update, however, has been reported by both Monero and other users to have been compromised.

A Reddit user posted that there seemed to be suspicious behavior in the update:

“There was an update to the extension and Chrome asked for new permission (read data on all websites). That made me suspicious and I checked the extension code locally (which is mostly javascript anyways). MEGA also has the source code of the extension on github… There was no commit recently. To me it looks either their Google Webstore account was hacked or someone inside MEGA did this. Pure speculation though.”

Following the reports of the compromised systems, the updated extension was removed from the Chrome Webstore. The version became no longer available for download with a link resulting in a 404 error.

Monero has been known for its invulnerability in prior incidents. Earlier this year, more than 200,000 routers were affected by a cryptojacking attack which targeted Monero, and there have been other multiple reports of malicious malware taking advantage of user’s computer to mine Monero. It has been suggested that the cryptocurrency is an easy target owing to its JavaScript mining software because its proof-of-work consensus algorithm, CryptoNight, was designed to run well on consumer CPUs.

Currently the token has seen a decline of 18.17% in day-on-day trading at is now valued at $113.066 USD.

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Written by

Internet writer looking to find the right piece. Also presents things on radio and happens to be a chip off the old blockchain. @BeckyRLeighton

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